Post
Topic
Board Securities
Re: [HAVELOCK] PETAMINE 220 TH/s
by
rdyoung
on 19/02/2014, 02:59:38 UTC
Running some #s in regard to PE and the difficulty curve.

I am not sure about the ipo shares they pulled so I will post 2 different outcomes on Earnings per share.
Here are the basics, 600$/btc 6$/GHS for reinvestment. 20% increase every 11 days. I like a few others in here know that its mathematically improbable for the difficulty to keep climbing at 15-20% for any length of time. But, I based the math on this as a fixed point going forward so its likely things will be better than my #s say they will. I also have the reinvestment based on 11 days because its late and I am not in the mood to alter my spreadsheet to account for the difference in dividend payouts and diff adjustments.
Oh, and I also am not accounting for the management/power fees, etc. Nor did I account for the drop in $/GHS.

Now on to the #s.
Based on 100,000shares and the mine starting @ 220ths on march 1st.
358 days from now the mine will have produced 2266.216BTC @ 600$ is 1.36Million$ And EPS of 0.02266btc

If they base dividends on the 80674 outstanding shares, then the EPS becomes 0.02809btc